SEC simultaneously approves Hashdex, Franklin’s Bitcoin-Ether ETFs – Cointelegraph

The Securities and Exchange Commission (SEC) has approved the Bitcoin-Ether exchange-traded funds (ETFs) proposed by Hashdex and Franklin simultaneously. This decision marks a significant milestone in the cryptocurrency market. The approval of these ETFs opens up new avenues for investors to gain exposure to digital assets in a regulated manner. This move by the SEC indicates a growing acceptance of cryptocurrencies in the traditional financial sector. Investors can now diversify their portfolios by investing in these ETFs, which track the performance of Bitcoin and Ether. This development is expected to bring more institutional interest in the crypto market as well.